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Over the course of two meetings members of the Spencer County Board of Education took a significant step in ameliorating the deficit situation with the Kentucky School Boards Insurance Trust.
During the first meeting held on July 28, Spencer County School Superintendent Chuck Adams said that the situation was slightly better than originally anticipated. Adams said that current estimates placed the payment due and owing by the school at just over $486,000 instead of the $639,000 originally projected.
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